scholarly journals The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data

2018 ◽  
Vol 100 (2) ◽  
pp. 362-375 ◽  
Author(s):  
Jan-Emmanuel De Neve ◽  
George Ward ◽  
Femke De Keulenaer ◽  
Bert Van Landeghem ◽  
Georgios Kavetsos ◽  
...  
Keyword(s):  
Economic Growth ◽  
Well Being ◽  
Subjective Well Being ◽  
Global Evidence

scholarly journals The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data

2015 ◽  
Author(s):  
Jan-Emmanuel De Neve ◽  
George Ward ◽  
Femke De Keulenaer ◽  
Bert Van Landeghem ◽  
Georgios Kavetsos ◽  
...  
Keyword(s):  
Economic Growth ◽  
Well Being ◽  
Subjective Well Being ◽  
Global Evidence

scholarly journals Psychocapital and Shangri-Las: How happiness became both a means and end to governmentality

2013 ◽  
Vol 5 (1) ◽  
pp. 36-50 ◽  
Author(s):  
F. Mckay
Keyword(s):  
Economic Growth ◽  
Well Being ◽  
Subjective Well Being ◽  
The Past ◽  
Means And Ends ◽  
History Of ◽  
The Uk ◽  
Mental Well Being ◽  
Politics Of Happiness

In this paper a paradox is revealed in the politics of well-being over the means and ends of happiness. That paradox, in brief, is that although happiness is argued to be the ultimate end of all governmentality, in order to serve as that end, it first needs to be translated into a means for bolstering the economy, for only that way can a teleology of happiness gain a foothold in a world which prioritizes economic growth as an end in itself. To show this the paper gives a history of subjective well-being (SWB) research, and contrasts it with the politics of happiness in the UK, where SWB has in the past decade been translated into a discourse around the psychological wealth of the nation via the concepts of mental capital (MC) and mental well-being (MWB).

scholarly journals Social capital, economic growth and well-being

2012 ◽  
Author(s):  
Francesco Sarracino
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Social Comparisons ◽  
Well Being ◽  
Subjective Well Being ◽  
Long Run ◽  
The Social ◽  
The Relationship ◽  
Over Time

In the long run economic growth does not improve people's well-being. Traditional theories – adaptation and social comparisons – explain this evidence, but they don't explain what shapes the trend of subjective well-being and its differences across countries. Recent research identified in social capital a plausible candidate to explain the trends of well-being. This dissertation adopts various econometric techniques to explore the relationship over time among social capital, economic growth and subjective well-being. The main conclusion is that social capital is a good predictor of the trend of subjective well-being, both within and across countries. Hence, policies for well-being should aim at preserving and enhancing social capital for the quality of the social environment matters.

scholarly journals The (Subjective) Well-Being Cost of Fiscal Policy Shocks

2020 ◽  
Vol 20 (5) ◽  
Author(s):  
Kodjovi Eklou ◽  
Mamour Fall
Keyword(s):  
Economic Growth ◽  
Capital Flows ◽  
Well Being ◽  
Subjective Well Being ◽  
Fiscal Consolidation ◽  
Policy Shocks ◽  
Short Run ◽  
Fiscal Consolidations ◽  
The Cost ◽  
Spending Cuts

Do discretionary spending cuts and tax increases hurt social well-being? To answer this question, we combine subjective well-being data covering over half a million of individuals across 13 European countries, with macroeconomic data on fiscal consolidations. We find that fiscal consolidations reduce individual well-being in the short run, especially when they are based on spending cuts. In addition, we show that accompanying monetary and exchange rate policies (disinflation, depreciations and the liberalization of capital flows) mitigate the well-being cost of fiscal consolidations. Finally, we investigate the well-being consequences of the two well-knowns expansionary fiscal consolidations episodes taking place in the 80s (in Denmark and Ireland). We find that even expansionary fiscal consolidations can have well-being costs. Our results may therefore shed some light on why some governments may choose to consolidate through taxes even at the cost of economic growth. Indeed, if spending cuts are to generate a large well-being loss, they can trigger an opposition and protest against a fiscal consolidation plan and hence making it politically costly.

scholarly journals Subjective Well-being in Italian Regions: A Panel Data Approach

2020 ◽  
Author(s):  
Cosimo Magazzino ◽  
Angelo Leogrande
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Income Inequality ◽  
Social Relations ◽  
Well Being ◽  
Subjective Well Being ◽  
Economic Determinants ◽  
Italian Regions

Abstract We use data from the new ISTAT-BES database to estimate the socio-economic determinants of subjective well-being in Italian regions between 2004 and 2016. Empirical findings show that subjective well-being is positively associated with education, income and social relations. Our findings imply that governments should improve subjective well-being increasing the level of investment in education, deepening economic growth, reducing income inequality and promoting social relations.

The affective origins of the Industrial Revolution

2019 ◽  
Vol 42 ◽  
Author(s):  
Jeffrey R. Huntsinger ◽  
Akila Raoul
Keyword(s):  
Economic Growth ◽  
Industrial Revolution ◽  
Well Being ◽  
Living Standards ◽  
Subjective Well Being

Abstract We suggest in this commentary an emotional origin of the Industrial Revolution. Specifically, increased living standards directly preceding the Industrial Revolution produced increased happiness and subjective well-being that, in turn, fueled the explosion of innovation and economic growth experienced in industrial England.

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